Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.055%
Price spread now: Hotstuff against Extended−0.108%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.108% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD118.000.0104pay 0.0013% / 1h22m 27s$8.2M$36.1M50x
ShortHotstuff SOL-PERP117.87−0.0080pay 0.0010% / 1h22m 27s$922$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$38.64
Price spread: −0.108% → 0.000%
−$10.82
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$59.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.43 bp2.9 bp −$33.0 bp −$306.8 bp −$676doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0082%1h117.78−0.181%$25K$28K25xas long as short
Hotstuff SOL-PERPshort−0.0080%1h117.87−0.108%$922$8K25x
Vest SOL-PERP−0.0065%1h117.91−0.077%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.86−0.120%$31.7M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.76−0.199%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.00+0.001%$57K150xas long as short
dYdX SOL-USD0.0000%1h117.94−0.053%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.82−0.148%$1.4M$19.2M3.1xas long as short
01 Exchange SOLUSD+0.0064%1h118.05+0.043%$100K$165K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h117.84−0.134%$105K$695K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.85−0.123%$8.0M$403.9M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.84−0.138%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.97−0.026%$13.2M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.97−0.024%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.82−0.148%$345K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h118.01+0.010%$66K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.06+0.049%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h118.01+0.010%$5.8M$38.9M40xas long as short
Aster SOLUSDT+0.0100%8h118.06+0.048%$177.8M$179.9M100xas long as short
Pacifica SOL+0.0100%1h118.03+0.029%$14.6M$128.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.01+0.010%$970.9M$3.71B100xas long as short
Bybit SOLUSDT+0.0100%8h118.04+0.035%$831.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.01+0.010%$368.1M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.91−0.075%$238K$856K10xas long as short
Arcus SOL-USD+0.0100%1h118.03+0.028%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.59−0.349%$135.8M$17.2M20xas long as short
Gate SOL_USDT+0.0100%8h118.01+0.010%$860.9M$651.7M100xas long as short
MEXC SOL_USDT+0.0100%8h118.03+0.027%$424.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.04+0.033%$130.2M$212.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.99−0.007%$488.5M$431.3M100xas long as short
BingX SOL-USDT+0.0100%8h117.99−0.004%$362.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.83−0.143%$23.7M$36.4M50xas long as short
Variational Omni SOL+0.0100%8h117.49−0.430%$24.3M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.54−0.386%$94.4M$392.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.42−0.493%$48.1M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.61−0.329%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.80−0.168%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.02+0.018%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.00−0.001%$201K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.83−0.144%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.84−0.135%$6.2M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h117.78−0.185%$228.8M$45.4M75xas long as short
Phemex SOLUSDT+0.0100%8h117.82−0.151%$45.9M$100.0M50xas long as short
Extended SOL-USDlong+0.0104%1h118.00long leg$8.2M$36.1M50x
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.86−0.113%$215.6M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0112%1h117.88−0.103%$26.5M$24.9M50xas long as short
Phoenix SOL+0.0129%1h117.58−0.355%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h118.10+0.089%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0184%1h118.12+0.103%$722.5M$389.4M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.98−0.015%$1.1M$532K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.49−0.431%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.83−0.143%$51.9M$71.6M125xas long as short
Perpl SOL+0.0223%43m118.05+0.040%$128K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0171%1h117.82−0.152%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0400%1h117.71−0.245%$25K$51K20xas long as short